BITCOIN PICTThe trajectory for Bitcoin in an imaginary visual field of reference basing the points on past experiential real world events and future proofing for speculative reference to determine the outcome of the current trend movement on a base of argument from which to measure how likely the price will be to continue up after a slight capitulation in price action.
5th
NIFTY TOMORROW 5th AUGUST FRIDAY ANALYSISAs we can see clearly in the chart buyers are currently strong , price is trading above the channel and buyers are not letting the market go down. we can see consecutive bullish wick candles in all 5 trading sessions. If the price tomorrow starts trading near or above 17400 ... 17600 is our target , second target would be 17670 .
XAUUSD - Beethoven's 5th SymphonyThis is a continuation the XAUUSD trade idea posted a while ago, where gold has been following my forecasts. I applied Elliott wave theory in market geometry to predict price fluctuations. As I found Elliotts studies so poetic and inspiring I decided to do a twist with the name :) we are going for the bullish 5th wave. Turn on your printing machines ;;;)
We are targeting 12,645 USD to 15,055 :) where is the bubble? To all who say that it is a bubble :) remember my words
we are on the 4th wave of a larger degree third wave. Which means that we need to achieve the 5th wave :) this is where we are today :)
if the correction of this wave is over at 8920 USD, then we should expect a short target between 12,645 USD to 15,055 USD :)
BITFINEX:BTCUSD
Happy freaking trading and making money :)
5th wave of a bearish Elliott Wave I noticed what looks like the 5th wave of an elliott wave . It seems like it's bouncing off the support area I drew a few days ago which coincide with the .382 retracement level and the PP. I put my S/L just below the PP because everything seem to indicate a really strong support area. Currently my T/P is set around where I expect the price to go but when the price will reach R1 I'll probably set a trailing stop. To follow ...